Hindustan Aeronautics Limited (HAL) and Israel Aerospace Industries (IAI) sign a Memorandum of Understanding (MoU) on 6th April 2022 to convert Civil (Passenger) aircraft to Multi Mission Tanker Transport (MMTT) aircraft in India.
HAL will convert pre-own Civil (Passenger) aircraft into air refueling aircraft with cargo and transport capabilities.
This move will provide India’s defense ecosystem with new capabilities and cost-effective solutions in the market.
The MoU will facilitate HAL and IAI’s decades long expertise in developing, manufacturing, and producing leading defence platforms.
HAL CMD, R Madhavan, Said :
“We are glad to join hands with our long-standing partner IAI in this venture of MMTT conversion business which is one of the strategic diversification avenues identified by HAL,”.
President IAI and CEO, Boaz Levy, Said :
“We are proud to come together with our counterparts to bring our best value MMTT solution in India while utilizing local resources to manufacture and market the platform. By collaborating with HAL and bringing conversion directly to India, we are supporting the ‘Make in India’ campaign.”
The scope of MoU also covers passenger to freighter aircraft conversion along with MMTT conversions.
